Nvidia (NVDA): For me, there is absolutely no point buying NVDA shares now. Their Execs are still keep selling millions to thousands & thousands shares taking profit at $117-119. After massive selling, the price drops to lower prices which NVDA might execute buybacks. The execs selling & NVDA buybacks likely explains the Volatile Up & Down pattern. I believe this pattern will persist for awhile. Let the whales frolicking by themselves. Soon more & more people like some billionaires may follow suit to selloff as they can take their capital elsewhere to make more $$$. This revelation sets me free! No need gungho with NVDA at all anymore until one day I wake up see NVDA at $50! I buy!
As in all of life, Stock Market is not for the faint hearted nor grumblers nor impatient nor fearful. I see... If a company needs to issue more shares to raise fund for genuine sustainability and growth, I have to accept it even if it means the share price may drop with possible dilution. Instead, I will buy more if there is a clear growth plan presented. I should not dread nor grumble, but rather rejoicing the company is growing & one day, we shall reap gains if we weary not. After all why do they public listed it? If they have ample capital, they may as well 100% private own it right? Contrary, good news may not necessarily causes a rally, or bad news leads to price drop. But one thing for sure, I am not impresse
$NVIDIA Corp(NVDA)$ Take note: Jensen Huang is done for selling for 2024 as last year. BUT not upcoming years. Nvidia Insider trades by heavyweight directors would be still selling. News are still popping up time to time some billionaires & Hedge funds are selling Nvidia shares. I repent from wishful thinking that its a small matter, no it is not. Price volatility over time can wear people out and it is unfair for investors to hold up their capital in hope waiting .... And for many whether you are long term or swing trade, last thing you want is to waste your time buying *high* then POP! Slide a few notches lower & stuck. Peace is Most Valuable over Price Roller Coaster
$NVIDIA Corp(NVDA)$ My confession today: I have soldoff all my Nvidia shares in last *pseudo-rally* session. New strategy. Until Nvidia is tamed & only demonstrate an obedient upward curve & stop yoyo-ing, I dont want to waste my time & energy on it. Beauty sleep cannot be compromised[Tongue] Poppy (She/Her)